Ill. Admin. Code tit. 47 § 355.310

Current through Register Vol. 48, No. 50, December 13, 2024
Section 355.310 - Material Participation of Sponsor

No transfer of cash, securities, real property or personal property to a Sponsor shall be a Donation unless the Sponsor is committed to Material Participation in the Multifamily Housing Project or rental Single Family Project for the full term of the Compliance Period.

Ill. Admin. Code tit. 47, § 355.310

Amended at 34 Ill. Reg. 15822, effective September 28, 2010